
Tempe, AZ 85283
This Turnkey Townhouse represents a Prime Investment Opportunity, listed at $499,999—positioned well below the $513,803 Fair Market Value by 2%. This valuation gap provides $13,804 in Instant Equity. Featuring an Excellent Condition Rating with remodeled bathrooms and a private patio overlooking a community pond, the home offers a resort-like lifestyle. While local school ratings are mixed, the unique architectural design by Adolf DeRoy Mark ensures lasting appeal. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6411 S River Drive Unit 44 Subject 2 bd · 2 ba · 1,484 sqft · $346 | $499,999* List Price | 2 | 2 | 1,484 | $346 | - |
A 6725 S TAYLOR Drive Sold 2 bd · 2 ba · 1,753 sqft · $319 · 0.8 mi | $560,000 | 2 | 2 | 1,753 | $319 | 0.8 mi |
B 6411 S RIVER Drive 4 Active 2 bd · 2 ba · 1,719 sqft · $314 · 0.1 mi | $540,000 List Price | 2 | 2 | 1,719 | $314 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property features high-end, modern renovations including exquisitely remodeled bathrooms with contemporary tiling and fixtures consistent with a recent (<5y) update. The overall condition appears mint and move-in ready.
Designed by acclaimed architect Adolf DeRoy Mark, the home features high-beamed ceilings and a sophisticated 'Oasis of Solitude' aesthetic that distinguishes it from standard townhome developments.
The Cottonwoods offers an exceptional lifestyle package including community ponds, a gatehouse library, pickleball courts, a pool, and a teahouse, providing a resort-like atmosphere.
The property features two exquisitely remodeled bathrooms and a private patio with direct gate access to a community pond, blending modern luxury with a serene waterfront setting.
The assigned middle school and high school carry lower ratings (3/10 and 5/10 respectively), which may be a deterrent for families prioritizing high-performing educational districts.
Built in 1987, the home may require more frequent maintenance of original systems or further updates to the kitchen to match the high standard of the remodeled bathrooms.
Welcome to a masterpiece community - The Cottonwoods of Anozira. Find yourself transported into the Oasis of Solitude first envisioned by award winning and highly acclaimed architect, Adolf DeRoy Mark. Each unit was painstakingly crafted to be expansive, yet intimate. Unit 44 is the epitome of sensuous charisma. This community and these homes are highly sought after, yet seldom achieved. Our listing is both affordable and attainable. A beautiful entryway welcomes you to your new home featuring a high ceilinged great room with beautiful wood beams, a warm and inviting kitchen, 2 bedrooms, 2 exquisitely remodeled bathrooms, a 2 car garage and a lovely patio w gate to 1 of several community ponds. The gatehouse library, pickleball, pool and teahouse give one a sense of community. Welcome Home
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,484 | 1,227.726 |
| Lot Size | 2,261 | 1,827.597 |
| Price | $500.0K | $324.9K |
| Price per sq ft | $337 | $261 |
| Built year | 1987 | 1980 |
| HOA | $318 | $264 |
| Days on market | 13 | 67 |
Oct 11, 2026
$499,999
Initial Listing